MFS Investment Management · 1 day ago
Fund Administration Analyst
Boston, MA
Full-time
Hybrid
New Grad, Entry Level
$54K/yr - $78K/yr
0+ years expMFS Investment Management is dedicated to fostering a collaborative culture that prioritizes community and professional growth. The Fund Administration Analyst role involves assisting in fund-related tasks, preparing financial statements, and ensuring compliance with regulatory requirements while supporting the management team in meeting client expectations.
EducationHigher EducationVenture Capital
No H1B
Responsibilities
Prepare and monitor fixed and asset based fees, expense caps, fund expense ratios, expense budgets, and additional deliverables as needed. Provide support and review of regulatory reporting requirements to financial reporting and legal departments surrounding financial statement and prospectus filings
Discuss fund accounting issues with auditors, compliance and custodian bank personnel if needed
Assist in product initiative tasks surrounding fund and share class mergers, launches and closings and in-kind transactions
Prepare dividend distribution rates for review by Accounting Manager. Ensure communication of dividend rates, via Press Releases and Daily Rate Memos, is completed in a timely fashion
Provide securities lending oversight by reviewing daily reports from lending agents. Items monitored include collateral levels, approved borrowers, and lending limitations
Monitor daily As-of Capstock activity, money market yields, and support the defaulted bond tracking process and communicate any necessary adjustments to the custodian bank
Qualification
Required
Bachelor's degree or equivalent experience in the Mutual Fund or Securities Industry
Minimum of 0-2 years' experience in fund accounting, or administrative areas of the investment advisor, auditing firm or custodian bank
Preferred
Bachelor's degree, preferably with a concentration in accounting or other related financial discipline or equivalent experience in the Mutual Fund or Securities Industry
Benefits
MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
Education Assistance: Tuition reimbursement up to $8,000 annually
Education Assistance: Access to discounted tutors and college coaches
Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps
Company
MFS Investment Management
Massachusetts Financial Services Company is a privately owned investment manager. The firm also provides retirement planning, college It is a sub-organization of Sun Life U.S..
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknown1982-01-01Acquired
Leadership Team
Barnaby Weiner
Head of Sustainability and Stewardship
Recent News
Company data provided by crunchbase